Chief Financial Officer - Based in Egypt
Posted on :
08-02-2025
Employer Active
1 Vacancy
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Job Description
Ownership Relations
- Manage relations with owners asset managers and shareholders.
Company Growth & Performance
- Establish processes for analyzing and reporting on branded hotel performance and operational efficiency.
- Develop build support for and implement accounting/technology initiatives that align with the Companys strategies and lead to positive business results.
- Formulate strategic business plans by region and by property and support operational tactical initiatives.
- Develop key financial performance measures that support the Companys overarching strategic direction.
- Facilitate crosscompany communication to share best practices and leverage organizational resources.
- Supervise hotel finance teams
- Embrace a continuous growth environment by actively assisting in recruiting and maintaining strong financial leaders.
Financial Review
- Coordinate daily monthly quarterly and annual reporting activities for the region.
- Organize and execute the regions budget process and reforecast.
- Oversee the delivery of adhoc financial information as requested by owners and Global Clevel staff.
- Lead and review P&L revenue/expense and balance sheet reports cash forecasts.
- Provide financial modeling and analysis in support of new business cost savings ROI and key metrics.
Risk & Compliance
- Support and ensure compliance with the capital request process.
- Ensure compliance on all regulatory licenses and permits leases contracts legal agreements and the proper execution of all operational taxes. Provide assistance to management in enforcing compliance on all these items.
- Oversee hotellevel transaction processing systems and ensure compliance with Company policies.
- Review the activities of independent auditors and assist with various external and internal audits to ensure ongoing compliance.
- Create and implement best practices and standard operating procedures to enhance property controls.
- Maintain and continuously improve systems of internal control to safeguard assets across the portfolio.
- Understand and mitigate key elements of the Companys risk profile.
- Monitor and provide data pertaining to various risk/liability or legal issues involving the Company.
- Ensure that Company record keeping meets the requirements of auditors and government agencies.
- Perform other duties as directed and as required
Qualifications :
What were looking for
- Bachelors degree in accounting or finance required with MBA and CPA preferred.
- 15 years of senior financial management experience with increasing responsibilities for multifaceted direction and planning.
- Previous multiunit/multientity financial executive experience in a centralized environment within the hotel industry is a must for this position.
- Extensive knowledge of business methods financial procedures accounting and auditing practices.
- Extensive experience with Generally Accepted Accounting Principles and uniform reporting conventions for the hotel industry.
- Ability to work in a fastpaced deadlineconscious environment with rapidly changing priorities.
- Ability to multitask and effectively manage numerous priorities within a fastpaced environment.
- Experience with major hospitality brands and familiarity will all brand metrics and performance criteria.
- Ability to travel periodically on behalf of the company.
Additional Information :
Our commitment to Diversity & Inclusion:
We are an inclusive company and our ambition is to attract recruit and promote diverse talent.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
Key Skills
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